Developer to add second hotel in The Woodlands

New Horizons Hospitality plans to break ground on a Hyatt Place hotel at Research Forest Drive and Grogan’s Mill Road in The Woodlands later this year.

Research Hotel Partners has purchased 4.3 acres from The Woodlands Development Co. as the site of the 150-room hotel. The hotel will feature 6,000 square feet of banquet and meeting space and is geared to business travelers and families. Opening is planned in mid 2013.

New Horizons Hospitality also developed and owns the Hilton Garden Inn in The Woodlands Town Center, as well as several other hotels in Houston.

Todd Edmonds and Cody Christoph of Colliers International represented the seller.